International buyers’ demand for homes in South Florida is being driven by Canadian snowbirds although competition from others is strong. Data from Miami Realtors shows that Canada, Brazil, UK, Argentina and Spain are the top countries driving demand for the region’s homes, as of December 2017.
Top 10 Destinations for Snowbirds. Leaves are still on the trees when snowbirds ritually begin heading south to the sunny state of Florida, and towns like Palm Springs, Lake City, Daytona Beach and Fort Lauderdale. They’re here for one thing – sunshine – and they’re going to get it in abundance.
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· Many Canadians with homes in Florida likely excluded from insurance requirements, disaster relief. Such eligibility criteria likely exclude many Canadian snowbirds.. Still.
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· Canadian snowbirds have been cashing out of their property in the United States in increasing numbers, according to new data from one of North America’s leading currency exchange groups. “The amount of money coming back from Canadians who have been selling property has pretty much doubled whereas as investment down into the U.S. (from Canadians) has.
Just like Florida, California snowbird accommodation rentals are plentiful, but rentals in prime locations are in high demand and can be pricey. Arizona. Arizona is one of the best U.S. destinations for Canadian snowbirds seeking a dry climate and cool but pleasant temperatures.